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Cates Corp issued 4,000 shares of no-par common stock for $11 per share. Read the requirements Requirement 1a. Record issuance of the stock if the

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Cates Corp issued 4,000 shares of no-par common stock for $11 per share. Read the requirements Requirement 1a. Record issuance of the stock if the stock i tue no-par stock Record entry table.) debilts first then credits, Seledt the explanation on the last line of the journal Date Accounts and Explanation DebitCredit Requirement 1b. Record issuance of the stock if the stock has stated value of $2 per share (Record debits frst, then credts Select the explanation on the last line of the journal entry table ) Date Accounts and Explanation Debit Credit Requirement 2. Which type of stock issuance results in more total Both result in the same amount of paid-in capital The no-par stock The stock with a stated value of $2 per share ds and then continue to the next

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